Wisconsin native, conservative critic of everything.
"Once abolish the God, and the government becomes the God." ---G K Chesterton
"The only objective of Liberty is Life" --G K Chesterton
"Fallacies do not cease to be fallacies because they become fashions" --G K Chesterton
"A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling

Sunday, June 12, 2016

Why Scott Walker Nixed the Exchange

Scott Walker refused to create a Wisconsin exchange for ObozoCare. The Left screeched, as is their wont. But Walker foresaw what Alaska is now undergoing.

The death spiral has finally hit Obamacare, at least in one state.
GOP politicians in Alaska who say they are opposed to the law are
creating a new fund to prevent it from collapsing.

Alaska has already lost several of the insurers on its Obamacare
exchange. Next year it will be down to just one remaining company
selling policies. That company, Blue Cross Blue Shield, will need to
raise premiums substantially in order to cover costs. Faced with the
possible collapse of the state’s exchange, which currently insures
23,000 people, the state’s Republican governor recommended passing a law
to use state funds to keep prices down....

There will be more of this; the Silly States who jumped aboard the ObozoCare trainwreck will be facing the same problem as time goes on. Alaska just happened to be the first.